85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. What is the p? (round to nearest thousandth)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator,
Z-Crits for Common Significance Levels
https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp%3sharing
Normal Curve Probability Calculator
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85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new
Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis.
What is the p? (round to nearest thousandth)
OUESTI ON 4
Transcribed Image Text:135 My Blackboard Content - Blackbo x u/webapps/assessment/take/launch.jsp?course assessment id%3 1726748 1&course_id3_1979437_1&content_id%3 53690167 1&step3null * Question Completion Status: QUESTION 3 For this problem you will need: pencil, paper, calculator, z-crit significance levels. and a NC probability calculator, Z-Crits for Common Significance Levels https://docs.google.com/document/d/1bkcDAOsof2cceLd0qhlhiyJ4C09VkQwSuGUcOTQLLpl/edit?usp%3sharing Normal Curve Probability Calculator https://www.mathportal.org/calculators/statistics-calculator/normal-distribution-calculator.php 85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. What is the p? (round to nearest thousandth) OUESTI ON 4
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